CISI UK Financial Regulation case studies
CISI UK Financial Regulation · Put your knowledge to work in context.
The CISI UK Financial Regulation qualification is a professional exam offered by the Chartered Institute for Securities & Investment (CISI), a body whose head office is at 20 Fenchurch Street, London EC3M 3BY, and which describes itself as serving "over 54,000 CISI members worldwide". The exam is typically taken by people entering or already working in UK financial services - retail banking, investment management, financial planning support, operations, compliance and client-facing roles - who need a working command of how the UK market is structured and regulated. The CISI UK Financial Regulation case studies are 5 cases and about 3,395 words.
1Defined Benefit Transfer Without a Pension Transfer Specialist
Meridian Wealth Partners is a directly authorised firm with permission to advise on investments and arrange deals. Its only pension transfer specialist, who held the FCA-recognised qualification, left eight weeks ago and has not been replaced.
711 words, about 4 min2Takeover Rumour and a Hedge Fund Dinner
At a London broker, an equity research analyst covers Kestrel plc, a FTSE 250 industrial company whose shares trade at 240p. In a private meeting, Kestrel's CFO tells the analyst that a US private equity firm has made a 350p cash offer and the board is minded to recommend it.
701 words, about 4 min3Client Money Used to Meet Payroll
Bramble Securities Ltd is a small FCA-authorised investment firm with 12 staff and permission to hold client money. On 28 March its bank delays a £250,000 loan facility.
667 words, about 3 min4Vulnerable Client and an Unregulated Mini-Bond
Mrs A is a 78-year-old widow with £210,000 in a stocks and shares ISA and £40,000 in cash. She received a cold call from 'Sterling Recovery Group', which said it could recover losses from an earlier investment and recommended a five-year 'secured' mini-bond issued by an overseas company, paying 8.5% a year.
655 words, about 3 min5Appointed Representative Exceeds Its Permissions
Home & Wealth Solutions Ltd is an appointed representative (AR) of Principal Financial Ltd, a directly authorised firm. The AR agreement covers mortgages and general insurance.
661 words, about 3 min